TYHEE GOLD CORP

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Message: Re: Financing
5
Dec 05, 2012 02:40PM

Strike: The asset value has to be the value of the resource minus the cost of extracting and selling it, which is what the FS established. This is a completely viable project with a very attractive rate of return on investment. The SP at this level is not the main issue for financing. Most mines are capitalized through bank loans not equity. Of course it would be easier if the SP/market cap reflected the asset value, then an equity issue could be considered, but this is not the case. Ike

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